/Docs/G/SeriesSeed-Cooley-CmA/Sec/Convert/0.md
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Maturity Date Conversion
In the event that this Note remains outstanding on the Maturity Date,, then the outstanding principal balance of this Note and any unpaid accrued interest shall, {Trigger.cl}, convert as of the Maturity Date into shares of {ConvertTo.cl} at a conversion price equal to the quotient resulting from dividing $7,000,000 by the number of outstanding shares of Common Stock of the Company {AsOf.cl} (assuming conversion of all securities convertible into Common Stock and exercise of all outstanding options and warrants, including including all shares of Common Stock reserved and available for future grant under any equity incentive or similar plan of the Company, and/or any equity incentive or similar plan to be created or increased in connection with the Qualified Financing, but excluding the shares of equity securities of the Company issuable upon the conversion of Notes or other convertible securities issued for capital raising purposes (e.g., Simple Agreements for Future Equity)).